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this because you remember, we went through this with newt. you know, bill clinton would push newt only so far, and then the conservatives in the caucus like myself and matt salmon, steve largent and others would say we're not doing a deal. we will take this place down. we're not doing a deal. and then newt would call bill clinton up and say, you're pushing me too far. you've got to work with me here. the same thing's happening right now with boehner. >> with boehner. >> the republican -- and when you start stripping people of committee -- committee seats, war breaks out and it gets really -- it happened with us. it's about to happen here. he's got to realize that boehner is his partner. >> it feels like we're at a really critical moment here with respect to boehner. and he can choose one of two paths. he could choose the recalcitrant path, which is perfectly possible, or he can say to himself, okay, i need to build a coalition for the purposes of this fiscal cliff deal. that includes house democrats. and how do i go about doing that without totally alienating the base of my party? and i'm ver
your tax system is. and it's pretty low now. you know compare it to the clinton era rates, which is kind of all we're talking about, right? going back to the clinton era rate of 39% -- >> is it about fairness? or is it about lessening the deficit? because it doesn't really do a whole lot for the debt or deficit over ten years. >> well, it's about fairness, but it's also about what are the better options? given that the wealthy are really skating by these days. and so how do you collect more revenue from them? and all the various ideas about, well, you cap this deduction, and cap that deduction. there are not only political constituencies that will fight tooth and claw on every deducti deduction, there are some reasons, fairly good reasons why you would want to think twice. you know, are you going to go after home mortgage deduction at a time when the housing industry is trying to get its feet? are you going to go after the exemption on taxation for health insurance? i mean, that's the biggest one, actually. that's like $250 billion a year. but i don't think anybody wants to dive
on the people $250,000 and up to what they were under bill clinton. 600,000 new businesses were started, god forbid that should happen again. but the groundhog day element of this stephanie, is this. last year at this time, the president wanted to extent the payroll tax cut. the republicans stamped their feet and wanted tax cut for the wealthy. and the president stood his ground and they undid this by unanimous consent right before christmas. that's what is going to happen this time. >> stephanie: again, they say the president is not being clear. >> obama: just to be clear, i'm not going to sign any package that presents rates going up for folks at the top 2%. >> he wasn't clear enough. he didn't say which country. [ laughter ] >> he has to be much more precise. >> stephanie: jay carney excooed it again. >> a deal by republicans that rates on the top 2% the wealthiest americans, have to rise. there is no deal without that acknowledgment, and without a concrete mathematically sound proposal. >> stephanie: oh my god, i'm reading the chyron right now. the white house has on
is an excellent match to the strain. >>> hillary clinton for new york city mayor. that's what outgoing mayor michael bloomberg wants. according to the "new york times," bloomberg reach ed out o the secretary of state and asked her to consider running next year but says hillary clinton declined. secretary said she will leave public service once her successor is in place. >>> one of the world's leading experts in fashion add the title of ambassador to her name? anna wintour, editor in chief of vogue magazine is one of several people president obama is considering for the ambassador post to the united kingdom or france. wintour is a u.s. citizen, but was born in the united kingdom. she is one of the president's biggest fund-raisers. >>> federal judge temporarily blocks federal law, banning the use of conversion therapy. his ruling applies to only three providers who want the law overturned. the therapy is aimed at helping change a minor sexual orientation from gay to straight. >>> 13 people dead, 32 wounded. now the judge in the case has been removed. u.s. court of appeals for the armed service
president clinton was in office, he left this country in the black. the people have weighed in. they've indicated that we want to move forward, we want to put people to work but we want to do it in a fair method of doing it. and that is not cutting programs that impacts the working poor in this country. mr. garamendi: well, you're absolutely correct about that. the proposal to cut medicare benefits is a nonstarter. there are things that can be done in medicare to reduce the costs and much has already been done. i'd like to ask my colleague from the great state of michigan to join us, mr. curson is a new member, came in during a special election. welcome. delighted to have you join us. mr. curson: thank you. i agree wholeheartedly with what's been said so far and the testimony, what i really want to say -- into the mic. what i really want to say is medicare is run more efficiently than nearly any insurance company in the world. they devote less than 2% of its funding to administrative expenses, and you compare that to a private insurance company that costs up to 40% of premiums for in
their hands on the list itself. and a quick note on hillary clinton, a new abc news "washington post" poll shows if she decides to run for president in 2016, she's already got a leg up. 57% of people say they would support her. not a bad start. we're back after the break. stay with us. let's rock and roll. there is so much going on that every day presents another exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. rich, chewy caramel rolled up in smooth milk chocolate. don't forget about that payroll meeting. rolo.get your smooth on. also in minis. at cepacol we've heard people are going to extremes to relieve
-- a return. it is similar to what the former clinton chief of staff -- separate from that commission, he testified before the super committee last year and put forward his own proposal to try to break the impasse at that time. republicans say their current offer is not in that proposal, so it is not the simpsons-bowles plan that has gotten a lot of talk over the last few years, but it is modeled on a proposal from a leading democrat during these discussions, so they are hoping it will give some credibility going forward. the $800 billion they are offering is not the same as what john boehner offered in 2007. -- is the same as what john boehner offered in 2007. they will not accept any deal that keeps tax rates the same as well. >> thank you. >> thank you. >> you can read his proposal online by going to c-span.org and clicking to the lake. oklahoma congressman tom cole discusses the fiscal cliff negotiations and agrees with suggestions they should join president obama to extend the tax rates for the highest income earners the law professor john buckley looks at the history of the tax, plu
Search Results 0 to 6 of about 7